Planned Giving Legacy Program
Participating in Museum Planned Giving offers several benefits and opportunities:
- Support a Cause you Care About: By participating in Planned Giving, you have the chance to support a cause that you deeply care about. It allows you to contribute to the preservation of cultural heritage, the advancement of education, and the enrichment of society through history and science.
- Leave a Lasting Legacy: Planned Giving lets you create a lasting legacy that extends beyond your lifetime. Your contribution can have a transformative impact on the Angels Camp Museum, ensuring its sustainability and enabling future generations to benefit from its programs, exhibits, and collections.
- Tax Advantages: Planned Giving often offers tax benefits. Depending on your locale and specific giving vehicle you choose, you may be eligible for income tax reductions or capital gains tax savings. These financial incentives can enhance the overall value of your charitable contribution.
- Support Future Generations: Participating in Planned Giving ensures that future generations have access to the same cultural and educational opportunities you value. It helps sustain the Angels Camp Museum as a vital institution for learning, inspiration, and community engagement, fostering a sense of continuity and contributing to the collective well-being of the community.
Types of Planned Giving
There are several types of Planned Giving options to consider. Here are a some common ones to consider:
There are several types of Planned Giving options to consider. Here are a some common ones to consider:
- Bequests: You can bequest a provision in your will or estate plan that designates a specific amount of money, a percentage of your estate, or a specific assets to be donated upon your passing.
- Charitable Remainder Trusts (CRTs): A CRT is a legal trust that allows you to place assets into the trust, receive income from those assets for a specified period, and then the remaining assets are donated.
- Charitable Lead Trusts (CLTs): A CLT is the opposite of a CRT. It provides income for a specific period, after which the remaining assets are returned to you or other beneficiaries.
- Life Insurance Policies: You can designate the beneficiary of a life insurance policy. This means upon your passing, the Museum receives the proceeds from the policy.
- Retirement Accounts: You can name the Angels Camp Museum as the beneficiary of your retirement account, such as an IRA or 401(k). This allows the Museum to receive the remaining funds in the account after your passing.
- Donor-Advised Funds (DAFs): With a DAF, you establish an account with a sponsoring organization and make contributions to the fund. You can then recommend grants from the fund to be distributed to the Museum or other charitable organizations.
- Real Estate or Property: You can donate real estate, artwork, or other valuable assets to the Museum, either during your lifetime or through your estate plan.
Contact Us
If you're interested in exploring Museum Planned Giving, please Contact Us and we are honored to meet with you and explore the numerous available options.